Rick Ross Releases Statement On His Current Standing With The IRS
Ross blamed his financial troubles stem from a less than knowledgeable account team from 2012.
Rick Ross has released an official statement about his financial troubles, claiming "incorrect filling" from 2012 from his team was to blame.
Reported by TMZ on Tuesday (Nov. 8), the IRS issued the "Purple Lamborgini" rapper a tax lien for back taxes in $4.6 million in 2012, $570,000 for 2013/2014, totaling an estimate of $5.7 million dollars. Ross says he plans to move forward and settle his debts. "I am fully aware of my current dealings with the IRS," he said in a statement to VIBE. "This issue arose from an incorrect filing by a prior accountant for the 2012 tax year. My new team of accountants have corrected the prior filing, and as anyone who has dealt with the IRS understands, it is a process. We have already satisfied a large portion of these issues and I can assure you that we are working very closely with the IRS to bring a full resolution shortly and will continue moving forward in a positive direction!"
Ross, who owns a hefty amount of Wingstop franchises raked in about 9 million in 2015, Forbes reported for their annual 'Cash Kings' list. Hopefully, the "bawse" and his current financial team move in the right direction.